Graduate Student Loans
Congratulations on continuing your education.
We’re here to help you pay for grad school
Pursuing a master’s degree can really pay off. Advanced education degrees can help you gain specialized knowledge in your field.
18% of all jobs will require a master’s degree by 2022 according to the U.S. Bureau of Labor Statistics.
If you’ve explored all avenues for financial aid, scholarships, and grants but still need money for grad school, a new Graduate Loan can provide the extra money needed to pursue your master’s degree.
Learn more about our New Mexico Graduate Student Loans
Our New Mexico Student Loan from NMEAF has many benefits.
Low Fixed Interest Rates
How to Ask a Cosignner
Multiple Repayment Plans
New Mexico Non-Profit Organization
We are proud to be serving the community of New Mexico for more than 35 years. You can trust that you are in good hands with NMEAF as we have been servicing New Mexicans since 1981 and have helped more than 340,000 borrowers with $2.9 billion in loans.
Top 10 Reasons to Apply for a NMEAF Student Loan
We are a Non-Profit Organization
That’s right – we are NOT for profit. Unlike other lenders, all of the money we earn beyond expenses goes back into helping students and families plan, prepare and pay for college.
We Won’t Issue Bad Loans
If we feel that a private student loan is not in your best interest we won’t approve your application. We want our students to have a healthy financial future.
We Only Offer Fixed Interest Rates
Unlike other private loan providers, we don’t issue variable interest rate loans because we care about your financial future. Fixed interest rates allow you to plan for and establish a reasonable loan repayment strategy. Federal government student loans also only have fixed interest rates.
We’re Based in New Mexico
We understand New Mexico’s students and universities better than any other student loan provider. If you ever want help in person you can visit our friendly representatives in our Albuquerque office. Also, when you borrow from us, you are helping employ fellow New Mexicans.
Interest Rate Reduction for On-Time Payments
We believe you will be a good borrower so after 24 consecutive on-time repayments, we will reduce your interest rate by 0.25%.
Graduation Interest Rate Reduction
Your success matters to us. When you graduate we will reduce your interest rate by 0.25% as our special graduation present to you.
No Origination or Disbursement Fees
We won’t charge you for processing or disbursing your student loan; we feel this is money that should stay with you. All student loans have no penalties for early payments.
Multiple Repayment Options
We care about your financial future success so we will work with you to find the right loan repayment plan. And, if you sign up for automatic payments we will reduce your interest rate by 0.25%.
Cosigner Early Release Option
After 24 months of payments and a proven credit check, the student borrower may apply to have their cosigner released from the student loan.
Helping NM Students Since 1981
We’ve been helping New Mexican families by servicing student loans since 1981. Our experienced and knowledgeable team provides excellent customer service and has a proven history of success.
Have Questions? Need Help?
Borrow Responsibly
The best way to pay for college is through scholarships, grants, savings and federal student loans. Make sure you evaluate all anticipated monthly loan payments and how much you expect to earn in the future after graduating before considering a private student loan.